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HomeMy WebLinkAbout2501 ~ ~ t ~ a 30 ~ue and to ~iold Itie same, IoyrthM wtth !he lenement:. he~eclitoments nnd appu?te- ~ ~ nances I~~erelo ~?e~on~ing. ancr tl~e re~fs, issues nncj proJifs theneo(. u~fo ttie mortgagee. tn ~te si~nple. ~ I~~e morfflcegor coi~enants witti t~~e mortgugi+e thal ftis morlgago~ is indt~eailb~y seise~ of saic~ land in Jec~ simple: lhaf t1~Q morfga~or has good right ~d bw~u! authoRty to c~o~oey :a~d In?~d as ajons- saic~; Ihat I~~e morl{~agor u~i~~ ma~ro such jurftier assumnces to perject the ~ee simple tt1le !c? saia ~and in f/~t mo~f~tagee as may reasona6ly 6e required: that tl~e mortgagor hereby (ull~ u~a~rnnts fl~e title to said lnnd and u~il! dejend tl~e same against 1F~e lau~~ul claims oJ n!l perso?u w/~omsoever and Ihaf said land Ls /ne a.~d clear oJ all encum6.~ances . ~ i ~ ' - - ~ I ~ ~ s ~ i ~ # i ~ ~ 3 ~ ; ~rouided ~liways, ttiat i f said mortgngor sha11 pay unto said mortgogee the ce~tnin promis- ~ ` _ sory note {~ereina~ter su6stantially c~opietl or ic~enti~iec~. fo-wit: _ _ _ _ _ - • , t ! ss'50,04 ~ ~ ~ Fort Pierce, Florida j~frb~! + + ~q~ Fw value received, I, we, or either of us, promise to pay without defalcation, to the order of HARRIS CONSTRUCTION CORPORATION, at their offiqe i~ Fort Pierce, Florida, the sum of = f a~~•~ ~ with interest from date at the rate of - 10~0 96 per annum, in monthly installments as fotlows: . ~ ~~.OQ on the 10'~ day ofDN~b~ 19~nd a like sum on the corresponding day of each like succeeding month thereafter for a period of months, at which tune the entire unpaid balance becomes due and payable on demand. ~ A late payment charge of S~, shall be added to each pnyment remaining unpaid 7 days after its ~ due date and a like sum shall be added to. each such installment remaining unpaid 7 days aNer each sucoeed- ~ ing payment date. Each installment first shal) be applied in the payment of the interest and th~~ on the unpaid'balanc~e of the princip~! sum. If default is made in the payment of any installme~t when due, then at the option of the holder, and without any other notice, all the remaining installments shall be due and payable at once. Privilege is given to pay fwo or more installments at any installment maturity date, but this shall not extend the time of maiuriy of any subsequent installment. Neither forbearance, nor acteptance by the holder . hereof after any default in any payment her~n, shall be deemed extension. Each maker, surety and endorser hereof, joinSly and severally, waives demand, presentment, s: and notice of protest fo~ non-payment, and further agrees to any extension of time of pa~^~ent,_eitt!r-r befo~e or after maturity, without notice to any of us; and to pay all o~sts of collection, inciuding a raas~,~able attor- - ney's fee in the event of any default hereunder, and hereby severally waives all benefit of ~nestead and ~ exemption under the Constitution and laws of each State of the United States, as against this obligation or ~ any extension of renewal hereof. ~ ~ - ~ ~ WITNESS THE HAND AND SEAL Of EACH PARTY: ~s~ Q~ ~ 1« Y~ H:ri~ (~a~) - ~S~ F`I'aIIklln A. Ha~+ - (Sea~) ia ~ Basr~• ~s~si~ - ~ 4 ~Seap ; r } x ~oK162 ~ 98 ; _ ~ ~ ~ ~ } . c,r r -za ~.,~w.ae#..~=~.a,! < . ~ 'A a _ ' ~.a„~' _ ~ ~ _ ~ r~ : _